It's fun to see how sharp I can get an edge personally and everything, but at a certain point there is a pattern of diminishing returns in how much work ( and notice I said work and not time ) goes into an edge versus how much sharper it gets.
Personally, sharp enough to me means I raised a small burr on each side, honed the burr off, and that was that. Pretty much all of my knives come out hair-popping in half an hour, and sitting down once a week to do this is not a problem. That is just my practical way of doing it, and most of the time while these edges aren't exactly hair-whittling, toilet-paper-slicing, hanging-hair-splitting specimens, the objects they cut don't tell any difference.
I have gotten edges to those points after hours on pretty simple equipment... Equipment that a lot here would say is impossible to produce that kind of an edge. As far as sharpening as a hobby, to see how sharp you can get it though... I can't see how some guys can enjoy fishing or nascar, so I can see why people would see spending hours on a knife as bizarre but it is fun.
At the end though, the edge that gets a quick job and the one that bleeds air are not really that different. I think the phrase "Well now you're just splitting hairs" must have been born from talking about perfectionist sharpeners lol
Basically what I am saying is, I don't test cut paper or whatever to make sure my edge is sharp if I want it "sharp enough". There isn't a standard... I just sharpen and hone as I stated earlier, and once it is burr free and feels sharp to my fingers I just go with it. In all the time spent getting edges as sharp as I can get them, I just have a general feeling of when it is satisfactory to me.
It's sharp when I have decided it is sharp.